Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
2013-02-07

Ixora invests in digital learning start-up

Ixora Ventures, a recently set-up Delhi-based early-stage venture fund and a consortium of prominent angel investors, has invested an undisclosed amount into Learnpedia, the Hyderabad based digitalized content provider for engineering test preparations.

Ixora Ventures, a recently set-up Delhi-based early-stage venture fund and a consortium of prominent angel investors, has invested an undisclosed amount into Learnpedia, the Hyderabad based digitalized content provider for engineering test preparations.

“Quality of content, strength in distribution, aggressive expansion plans and capabilities of the management team: Learnpedia has all the key ingredients to succeed in the unstructured test prep market in India,” said Nikhil Mulchandani, Partner, Ixora Ventures in a release.

“With the creation of a common national test for admission into engineering colleges across the country, it is estimated that over 2.8million students would require Learnpedia’s services. We aim to use the funds to improve content and add additional products to our offerings portfolio,” said Krishna Rao Akula.

Learnpedia, founded in 2012 by serial entrepreneur Krishna Rao Akula, aims at narrowing the learning gap faced by students by providing high quality learning aids and test analytics across digital platforms: DVD and on branded tablets. Its flagship product, JEE Studymate, launched last year, has received praise from students and teachers alike.

Learnpedia aims to utilize the funds raised towards improving content, ramping up sales activities as well as adding new products to their current portfolio.

Related opportunities
  • Kids & Infant Products
    About Us: Smartspeak is a technological innovation by TransLife Pvt.Ltd, Established..
    Locations looking for expansion New Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi New Delhi
  • Quick Service Restaurants
    About Us: Pizza is easily recognised food item in the world,..
    Locations looking for expansion Gujarat
    Establishment year 2012
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
  • Ice creams & Yogurt Parlors
    About Thanco's Natural ice cream :-Though many things have changed from..
    Locations looking for expansion Karnataka
    Establishment year 2006
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required 100 - 1000 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Bangalore Urban District Karnataka
  • Tea and Coffee Chain
    About Us: The brand Chachago was created to raise public awareness..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts